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Search Results 0 to 49 of about 224 (some duplicates have been removed)
to last. siemens, answers. >> theu.s.economyinthefourthquarte of. the u.s. economy in the fourth quarter of last year october, november, december contracted by 0. 1%. one-tenth of 1%. it was the first contraction in three years and it rattles financial markets. much of the slippage in gross domestic product, was due to what the u.s. federal reserves describes as quote weather related disruptions and other transitory facts unquote. the central bank is keeping monetary policy on hold. and says n worth of long-term securities a month, until there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing
? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why
is on. tonight: the economy is still in neutral gear. >> amazing job though convincing people that things are rosy. >> bill: bad news for the u.s. economy. it is going down again. even as president obama's poll numbers are going up are we the people completely clueless? we have a special report. you al gore are doing business with this country that's enabling your ultimate foe climate change. >> i think i understand what you are getting at. [ laughter ] >> bill: even david letterman is pounding al goren othe hypocrisy of making money from big oil. we will show you how gore is being treated by the left-wing media. >> isn't there a contradiction in that? also tonight dennis miller on the most popular tv personalities in america and my interview with collin powell last night. caution, you are about to enter the no spin zone. the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. bad economic news but it doesn't seem to matter to the folks. that is the sung of this evening's talking points memo. last quarter, the economy fell back. in fact, it
economy is a high priority, so is proving his democratic credentials to his western partners. he said he would push forward with democratization. >> egypt will be a state that tolerates different and opposing opinions with peaceful transfers of power and a democratic state with everything that entails. >> merkel said she was concerned about the political violence in egypt and said dialogue was key. >> political forces can make a contribution. human rights have to be respected in egypt, and that applies most importantly to the protection of religious freedom. >> two more people died in cairo on wednesday in clashes between police and demonstrators. the death toll has now reached 50 in a week of protests. two years after a revolution swept morsi's predecessor from power. berlin has criticized his recent attempts to consolidate power is, and his opponents in the german capital were warning of a new dictatorship and egypt. >> our correspondent has been following the president's visit for us. does morsi get any of the investment and all of that that he has been looking for? >> i think you are
a great night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal reserve today saying that growth has stalled, but telling the public temporary, pledging to continue with the easy money policy into the outlook for employment improved substantially, the news coming as somewhat of late surprised as economists predicted. the economy hit with super storm sandy in late october causing extensive damage along the east coast, seen as a major factor. economists see the same growth in excess of 3 percent will be needed to significantly lower unemployment and get at least some of the 23 million unemployed
that the media is creating for him. >> no. >> covering up for his terrible economy, people blaming bush in the twilight zone important this economy that has gone on for four years and now getting worse because he is smothering the private sector. they cover up these entitlements >> the election is over. you are not holding a grudge, are you? >> you don't care how much nbc and american people are able to see the reality of the two candidates for themselves. >> we got to run. >> sean: good to see you both. we're back in the recession. >> we're not in the recession but it was bad news. >> sean: it may be a recession, we'll see. i hope not. the country, his policies are not working. thanks for being with us. we learned earlier today for the first time in more than three years, the u.s. economy shrank for top democrats for nancy pelosi they are saying they are not responsible for the fiscal mess that you are now in. they are blaming other people. later tonight, it's bad enough that your tax dollars are being used to arm egypt with f-16s and tanks. we are watching the defense ministers now th
a car that is safe while also trying to meet these fuel economy standards? any comments on that? >> yeah, i guess i will jump in. yeah, so safety is first party for all auto manufacturers. there is a tension between, particularly in terms of weight, adding weight to vehicles for various safety features, not only regulations demand but also the consumers want and demand. and the weight is a very important factor in trying to improve fuel economy of the vehicles. i think fundamentally from toyotas of you, you can do both. you can have efficiency, lower carbon and safe vehicles. i think the key is the pace at which these two issues are progressed, with respect to one another. so, you know, having a mid \50{l1}s{l0}\'50{l1}s{l0} fuel economy car in 2025 communism is there a long enough time to think that we can engineer vehicles, including the safety future that will be acquired in a way that these vehicles will be safe or for people to drive? i think it comes down to balancing sort of the timing with which we are doing these things. to make sure the fuel economy reductions if you'll don't g
. >> tomorrow's jobs report, more ominous signs for the economy and now, pink slips for the president's jobs council. >> welcome everyone, i'm in for neil neil cavuto. and one day after learning the economy is shrinking, news that the job marketes -- democrats say it's because federal spending is drying up. to craig smith who says that argument is all wet. craig? >> you know what? i think i'm going to agree with the democrats. federal spending is drying up. it was down and look what happened. well, thankfully, federal spending is stopping, because look at everything that they've been doing, eric? up in of it has been working, and when you start to think this whole thing through, they're going to blame it on bush or the republicans and they're going to say, this was all part of theses quickster done the sequestration deal, and everybody stopped spending but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the ec
of time will essential double fuel economy up to 54.5 miles per gallon. it does it in a way that collaborates with the automakers themselves in a way that will produce the kind of cars that are safe and effective and perform the way that american consumers want to see. will really provide tremendous benefit. so it's a win for everyone and that i think is my basic message. if you look at on the climate change side, whether we're we ae talking about is over the course of 2012-2025, those vehicles are going to reduce their carbon pollution by 6 billion metric tons. we're talking about 12 billion barrels of oil saved. these are numbers that are not to be sneezed at, ladies and gentlemen. these are very large benefits to society. in terms of automakers can we saw the automakers standing up for the president. we saw them touting this initiative because they knew they could be producing cars that were more efficient and that consumers would want to purchase. and on the consumer side, perhaps consumers here are the biggest winners of all. they are going to get cars that again perfor
had a lot of smart people who work with us here in chattanooga, and, of course, as the economy went bad, that was a downer for everyone, and then the stimulus money came along. we, fortunately, had already completed a very comprehensive business plan that showed that the system would work, and it would pay for itself over time with the savings that can be achieved from the new technology. melissa: yeah, they were giving away good money after bad for, you know, whatever project was going, so you might as well grab it and spend it on good if they spend it no matter what. geek move, awards $11,250 for moving into the city, $10,000 for expenses, and 12,000 for moving. how many show an interest in the opportunity? >> we've had a hundred applications and we'll filter through them. it is a success based on a similar success a few years ago with artists, encouraging people to move here for a specific purpose, and we have neighborhoods where houses are going wadding. geeks, that's a good term in chattanooga, urban pioneers frequently, so with a little incentive, we can bring individuals to c
in washington are giving us what is good for the economy and that is a on a diet while the private sector continues to grow and when you compare us to the last expansion there were 150,000 private sector jobs added herman in the last expansion and in this expansion there are 200,000. believe it or not washington may be helping us. dagen: if times are so great, why is the ten year treasury below 2% on a yield? why hasn't the bond bear market showed up yet? which you were calling for last march? >> you are right. i got to tell you it has probably more to do with the craziness of central bankers than anything else? i was just in davos last weekend we spent a lot of time talking about the monetary policy, what is going on, how unorthodox this all is. the thing that i said to mark carney of the head of the bank of england was waived lb into uncharted waters and acknowledging we don't know how to get home we decided to sell deeper into uncharted waters. we are setting ourselves up for major problems. the fact that the fed continues to keep interest rates this low especially when i can point to
a big thumbs up. >> expectations for the economy have risen in four of the last five months. it looks like we've reached a turning point. it is safe to assume this trend will remain stable in the future. >> many german workers are expecting their pay to increase this year. that's one reason for the upbeat mood among consumers. that's why many are considering making this year won for the big-ticket purchases. >> well, that consumer confidence data combined with a report out of the united states showing a rebound in the real estate sector prompted investors in europe to buy on tuesday. our correspondent sent us this summary from the frankfurt stock exchange. >> the german consumer is more optimistic again. that is a measurement that was put out by an organization called gfk which measures the consumer mood in germany. before now, the mood had declined for some months. but now, the return to optimism can be good news for the economy. it can be good news for jobs and also for the markets. the people in germany apparently are considering that they are going to be earning more this year tha
. >> old man winter taking us for a ride. >>> the other big story, the economy. the powerful rally on wall street. if you've invested in stocks, these are good days. >> and for the reasons stocks are reaching near record levels, we're joined by tahman bradley here in new york. >> so nice to be with you here. seems like the economy is turning around. new data is sh are giving both investors and home owners reasons to smile. the economy posts numbers we haven't seen in years. it looks and feels like a comeback. stocks and the nation's housing market are soaring. the dow nearly hit the 14,000 mark yesterday, reaching the highest level in fife years. after an increase in 850 points in january, the dow is only 200 points away in the all-time high. the result, american investments are surging. the average 401(k) retirement account increased 20% in the last year. from $64,000 to $80,000. >> the worst case scenarios, people can start to think, all right, we're not going the go there. >> reporter: on the housing front, home prices rose 5.5% in november. the biggest year to year increase since the h
abiding companies get workers they need in the 1st century economy and create a path to citizenship to bring the undocumented immigrants this country out of the shadows and into the full light of the american dream. >> some republicans say it's important to emphasize border security and be fair to 5 million people hoping to legally go to america. >> some waiting an average of seven years because the bureaucratic red tape. >> after progressives led with president obama today, the status quo doesn't work. >> we were talking about trying to fix a broken system. a system that doesn't work for anybody in the country. we were talking about common sense comprehensive reform. >> fixing it can be so tricky a bipartisan group has a meeting secretly to hammer out a deal. sources say it's expected they'll roll out a more detailed plan than the senate group did by next week. >>> f.b.i. data indicate a dropoff in federal background checks for gun sales in january after a surge at the end of last year. the ap reports the system processed less than 2.5 million checks last month, down from more than
horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> good morning. welcome back to "starting point." i'm christine romans with a look at your top stories. the bodies of dozens of young men now in the city of aleppo. it appears they were executed with shots to the head. and their bodies were dumped. this as rumblings come out of france that more intervention might be needed to end the carnage. >>> ready for hillary, even if she's not. a group of hillary clinton supporters launching a super pac. they registered last week with the federal election commission and expect to have a website up and running in the next couple of days. before secretary clinton steps down officially, our jill dougherity and elise labotte will conduct her exit interview. >>> a semi in china. a few more feet, a few more inches, this would have been the end. >>> tiger won the farmers insurance open in dominating fashion yesterday, tiger's 75th pga tour win. seven behind the record of sam snead. eighth win at torrey pines, including the 2008 u.s. op
somethings looking for a better life, better economy. promises made during the revolution. it never came through. the violence has decreased. nothing what we saw over the weekend. but you have people here defying the president's declaration of a curfew and emergency rule where we are in port said. the curfew is technically supposed to go in place in a few hours. but people have told the president, we know there is a curfew. we are protesting anyway. clearly defying him. >> who is in control on the streets? when you look at the pictures you say there is good news that the violence isn't what it was. is there a sense they will continue between the government and protesters that's playing out? lost the signal. we're going to try to get back to him as soon as we can. the turmoil in egypt. real concern for hillary clinton. she talked to cnn about those challenges and what she thinks egypt's struggling new government needs to do. >> it's difficult going from a closed regime and essentially one man rule to a democracy that's trying to be born and learn to walk. there are clear lessons. you have
. this has really serious implications. if people stop shopping or -- listen, we have an economy where the gdp number comes out tomorrow that is just short of chugging along. this is really serious stuff. connell: bob schiller later on housing because that is the other side of it. give us a stock pick today. charles: radioshack. i said i would not chuckle. nevertheless, you know what, you remember alexander's -- went from $78 to $12. they do have to reorganize, but they stop selling inexpensive close and all of a sudden there real estate was worth a lot. the volume has been astronomical. it is extraordinarily high risk. something may be going on there. connell: we will take your word for it. charles, thank you. nicole petallides joined as every 15 minutes with stocks now. nicole: i am watching the number one winner on the s&p 500 today. they are pushing near the five-year highs. they are confirming that they are looking to seek five seats on the board there. if they get on there, they will be likely to spin off assets. sell off the retail operation. there are some people who speculate
the economy in northern mali booknotes on the ground algeria as we believe it is going to happen. >> i think that ricardo -- the necessity of engaging them i think that in engaging them we have to also be looking at it with a very clear lines there can be no solution without them when. on the other hand, pursuing that engagement does not blind us to the fact they've tried to have it both ways for a long time and that is an old habit that is quite to be difficult for some of them to break so that is going to be the tension. the analogies are imperfect but if we end up in a counter insurgency will the scenario we have here a pakistan to afghanistan that both part of the solution but it also has elements of a part of the problem and how we resolve that is going to be critical who. >> i would say there is one more element to the southern part of algeria that we need to kind of keep in mind. them to get an algerian passport. all they had to do is ask for it and there is a free flow of trade with going through the borders and what you have is the economies are essentially tied together. what you a
bank independence. and not those. second, our concern is that japan is the third largest economy in the world. pursuing what looks like a deliberate policy of driving down the exchange rate that would potentially have destabilizing effects. after all, japan is not a deficit country. it is still like a strong external position. how would you want those two concerns with people outside japan and how they feel about what you are doing? [inaudible conversations] >> thank you, martin. first of all, you might say that it could undermine the central bank. in the case of japan so far. there has not been any undertakings to share the information that was recovered with the central bank. for the first time we came to an agreement of 2% inflation and the central bank declared that through our own efforts to achieve this ability and in the part of government, in order to achieve growth in the fiscal consolidation for both government and the bank of japan, apparently this is past. so that is the purpose of the joint statement. it is not any divergence from the international standard. then bas
been occupied by traders from far-off monte alban, an indication of a complex economy here. bill sanders. one of the aspects of culture that is extraordinarily variable is the economy. economy means the ownership of property and the production and distribution of goods. there are cultures and economies in which every nuclear family is self-sufficient. and then there are economies where there is considerable interdependence among the various households. one of the measures of economic complexity is just the amount of what we call division of labor -- occupational specialization. keach: archaeologists have recently discovered evidence of occupational specialization in teotihuacan, like the manufacture of clay figurines. figurines came in a variety of styles, many painted and highly detailed. thousands of these sculpted faces have been discovered. they were probably used in ritual. many are exactly the same, indicating they were mass produced in molds. across the atlantic is fez, morocco, a city that has changed little in a thousand years. here can be found an analogy for the econom
economy, despite the strife in molly, syria, else where, despite massacres and messed up weather, gates says he is optimistic about the future. he'll tell us why. >>> and the vice president turned businessman/thinker/filmmaker/ environmental activist, al gore, on american politics, gun control, climate change and much more. coming up. >>> also, did you have more money in your bank account this week than a major african nation? probably. i'll explain. >>> but, first, here's my take. the scenes of chaos and strife in egypt that you've been seeing during the second anniversary of the tahrir square uprising. are just the latest and most vivid illustration that egypt's revolution is going off the rails. it has revived talk about the failure of the arab spring and even some nostalgia for the old order. but let's remember, that old order was doomed. arab dictators like hosni mubarak could not have held on to power without even greater troubles. look at syria. # but events in the middle east the last two years do underscore something i have long believed that constitutions should take precedenc
to economies of scale. retirement income options would be current and former employees that have little incentive to do so. our defined contribution system is not perfect, but there's other things to make it substantively better. in conclusion we can increase coverage by creating a low-cost mechanism for small employers can benefit from the east of payroll deduction to fund a retirement savings account. we can encourage employers and ways for higher employer contribution rates. third, we can limit plant them for three can encourage the adoption of annuity options. thank you. >> thank you, dr. madrian. ask around the five-minute questions. i want you to know we are looking at the leakage problem and something i've become more aware of and hopefully this committee will be looking at the shortly. let me ask you -- share this retirement plan, a key open issue is that the contribution rate should be. those who have been working on developing this plan have thought about it not for social security between employer to give you contribution was some low threshold employer match and allowing an
. two wars come to an economy in, traditional alliances fraying, are diplomatic standing damaged, and around the world people questioning america's commitments to core values and their ability to maintain our global leadership. that was my inbox on day one as your secretary of state. today conclave the world remains a dangerous and complicated place and of course we still face many difficult challenges. but a lot has changed in the last four years. under president obama's leadership we have ended the war in iraq, begun a transition in afghanistan and brought osama bin laden to justice. we have also revitalized american diplomacy and strengthen our alliances. and while our economic recovery is not yet complete, we are heading in the right direction. in short, america today is stronger at home and more respected in the world. and our global leadership is on firmer footing than many predicted. to understand what we have been trying to do these last four years, it's helpful to start with some history. last year i was honored to deliver the forest all lecture at the naval academy name
winter taking us for a ride the last few days. >> that's right. >>> the other big story, the economy. the powerful rally on wall street. if you've invested in stocks, these are some pretty good days. >> and for the reasons that shares are trading at near record levels, we're pleased to say we are joined here in new york by abc's tahman bradley. good morning, tahman. >> reporter: good morning, sunny and rob. so nice to be up here with you, i brought some good news. seems like the economy is turning around. new data is -- are giving both investors and home owners reasons to smile. the economy posts numbers we haven't seen in years. it looks and feels like a comeback. stocks and the nation's housing market are soaring. the dow jones nearly hit the 14,000 mark yesterday, closing at 13,954, its highest level in five years. after an increase of 850 points in january, the dow is only 200 points away from its all-time high. the result, american investments are surging. the average 401(k) retirement account increased 20% in the last year. from $64,000 to roughly $80,000. >> the worst case sce
. you know, the average investor is seeing the economy make small improvements. we're seeing improvements in the housing market, consumer spending is going up. i spoke with one trader who was a little concerned that this is an artificial rally system littlit stimulated by the fed. >> you can say we have already been here. but you can say we came from the depths of despair, we're much higher but the thing that will cause people to continue to to be concerned is it still ahead of itself. is there a correction coming because the fed created this -- manufactured this rally. >> but, brooke, you know, think of the stock market as a big old rubber band. as much as it went down in 2009, march of 2009, the low for the dow was 6500, now we're seeing it bounce back almost to 14,000. you know how that is. what goes up, i don't want to say it, brooke. >> darn that economic gravity. alison kosik, thank you very much. we want to keep talking about this. we were thinking why doesn't wall street match what we're seeing on main street. we'll talk about that with steven moore, wall street journ
newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: former u.s. senator chuck hagel faced a hostile reception today from half of the committee that must sign off before he can become secretary of defense. his senate confirmation hearing centered heavily on criticism from his one-time republican colleagues. the atmosphere was friendly enough at the outset as chuck hagel began his big day before the armed services committee. he quickly sought to allay concerns on both sides about his positions on everything from iran to israel to nuclear weapons. >> no one individual vote, no one individual quote, no one individual statement defines me, my beliefs, o
department. we also didn't realize you were in charge of our economy. just this week, the new gross domestic product number came out, and it turned out here is the a.p. headline that said, defense cuts cause economy to shrink. a plunge in defense spending plummeted the economy into negative territory for the first time since mid-2009. nearly all the cuts were in services, maintenance, and personnel support. this is even before those automatic spending cuts kick in in march. these are the cuts that you guys agreed to back in 2011 that finally kicked in. what is going -- first of all, is the sequester going to happen? >> i certainly hope not. if congress stands back and allows sequester to take place, i think it would really be a shameful and irresponsible act. >> but are you preparing for it? >> we have to prepare for it because, you know, there are members up on the capitol hill that are saying, oh, no, we're going to stand back and let sequester happen. let me tell you, sequester happens, it is going to badly damage the readiness of the united states of america. we have the most powerful mi
Search Results 0 to 49 of about 224 (some duplicates have been removed)